Bittime - Neo has just announced plans to deploy Neo-CLI v3.7.5 on the Neo mainnet on June 18, 2024. So, do users have to re-sync data? Check out the following article to find out!
Neo Mainnet Upgrade
This Neo mainnet upgrade involves a hard fork at mainnet block height 5,570,000. This means that Neo users are required to ensure that their mainnet node upgrade process is complete before June 19, 2024.
However, the good news is that the Neo-CLI v3.7.5 upgrade does not require data resync on the node. This means that Neo's existing blockchain data history can still be used.
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Neo-CLI v3.7.5 Mainnet Upgrade
Neo-CLI v3.7.5 was previously released on June 12, 2024 and implemented on the T5 TestNet trial network on June 13, 2024. This version is categorized as a hotfix, so the Neo team strongly recommends users to upgrade as soon as possible.
Important Things About Neo-CLI v3.7.5 Mainnet Upgrade
There are several important things that NEO users need to pay attention to regarding the Neo-CLI v3.7.5 upgrade.
- Make sure your Neo-CLI is updated before June 19, 2024.
- Upgrades do not require data resynchronization (resync) IF done before the hard fork.
- Full data resync is required IF upgrading AFTER forking.
- Don't use the old version of the config.json configuration file.
- Make sure you have installed the latest version of neo-modules.
By following the steps above, NEO users are expected to be able to run the Neo-CLI v3.7.5 upgrade smoothly and avoid potential disruptions to their blockchain activities.
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Why is a Mainnet Upgrade Important?
Although the details of the technical changes brought by Neo-CLI v3.7.5 have not been officially published, the categorization as a hotfix indicates that there are fixes to certain bugs or vulnerabilities in the previous version.
By upgrading, NEO users can ensure that they are using the latest version which is more stable and secure.
To get the latest information and further technical details regarding the Neo-CLI v3.7.5 upgrade, you can visit Neo's official website and social media.
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To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
What is Neo? First Blockchain Platform with Dual-Token Model
Neo Launches NEP-24 NFT Royalty Standard to Improve NFT Ecosystem
Must Have in Portfolio: NEO Price Prediction Will Moonbag, Is $20 the Target?
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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